Convert Trinidad and Tobago Dollar to Cape Verdean Escudo
Please provide values below to convert Trinidad and Tobago Dollar [TTD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Trinidad and Tobago Dollar.
How to Convert Trinidad And Tobago Dollar to Cape Verdean Escudo
1 TTD = 0.0721009238442903 CVE
Example: convert 15 TTD to CVE:
15 TTD = 15 × 0.0721009238442903 CVE = 1.08151385766435 CVE
Trinidad And Tobago Dollar to Cape Verdean Escudo Conversion Table
| Trinidad and Tobago Dollar | Cape Verdean Escudo |
|---|
Trinidad And Tobago Dollar
The Trinidad and Tobago Dollar (TTD) is the official currency of Trinidad and Tobago, used for all monetary transactions within the country.
History/Origin
The Trinidad and Tobago Dollar was introduced in 1964, replacing the Trinidad and Tobago pound at a rate of 1 dollar = 1 pound. It was decimalized in 1969, aligning with international standards.
Current Use
The TTD is widely used in everyday transactions, banking, and trade within Trinidad and Tobago. It is also accepted in some neighboring regions and is managed by the Central Bank of Trinidad and Tobago.
Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.